Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled and performance across the rest of the group has also deteriorated amid a ...

Kering warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia. REUTERS The label is undergoing a design overhaul under the creative direction of ...

Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions.

S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...

Kering shares were trading up 7.2% by 8:34 a.m. London time as investors and analysts cheered the reports. Renault shares, meanwhile, shed 7%. "Brand management and marketing are [de Meo's] forte ...

Kering also changed Gucci’s management last year, appointing deputy CEO and Pinault confidant Jean-Francois Palus to replace Marco Bizzarri, who had led the brand since 2015.

Shares of Kering popped on reports that it has appointed industry outsider Luca de Meo as group CEO. The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking ...

Kering shares were trading up 10.3% by 9:45 a.m. London time as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO. The French fashion house ...